It’s Financial Wednesday Today On The Morning Zone
Find out exactly how those news stories on the economy really effect you and your family as The Watchdog On Wall Street, Chris Markowski, is back with us in The Morning Zone at 7:07AM MDT. Chris has long been a treasured friend of our program and is considered our top anaylyst on economic issues.
Then at 8:07, Anya Petersen-Frey, Southeast Regional Director of WyomingEntrepreneur.biz will guest with Ryan Whitehead. Ryan is the director for the new Wyoming Small Business Investment Credit Program. He is a graduate of the University of Wyoming and after beginning an internship at a bank in Laramie during college he extended his interest in finance with an 11 year career in banking, most recently as Vice President of American National Bank. He joined the the Wyoming Business Council early this year to take the reins of this new program. The Wyoming Small Business Investment Credit Program was implemented on January 3, 2011 and was enacted by the Wyoming Legislature in 2010. The program is designed to provide an alternative source of capital to Wyoming small businesses and entrepreneurs. In order to enter the program, venture capital companies must receive certification by the WBC to act as a Wyoming Small Business Investment Company (SBIC) to invest designated capital into qualified businesses.
When the SBIC receives certification and funding, they will invest money into “qualified businesses”. The money is invested in the form of a debt instrument or equity purchase.
The SBIC’s investments should stimulate job creation by making capital available to Wyoming Businesses.